Quarterly report pursuant to Section 13 or 15(d)

Income Taxes (Tables)

v3.23.2
Income Taxes (Tables)
6 Months Ended
Jun. 30, 2023
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit) The calculation of our effective tax rate is as follows for the three and six months ended June 30, 2023 and 2022 (in thousands, except percentages):
Three Months Ended
June 30,
Six Months Ended
June 30,
2023 2022 2023 2022
Income before income taxes $ 127,151  $ 152,338  $ 237,492  $ 276,727 
Income tax expense $ 26,758  $ 33,444  $ 50,531  $ 59,933 
Effective tax rate 21.0  % 22.0  % 21.3  % 21.7  %